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Loss per share | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Loss per share |
11. | Loss per share
Basic and diluted net loss per share for each of the year presented were calculated as follows:
|  | Years ended December 31, |
(In thousands of US$ except share data and per share data) |  | 2020 |  |  | 2021 |  |  | 2022 |
Numerator: |  |  |  |  |  |  |  |  |
Net loss |  |  | (63,415 | ) |  |  | (46,041 | ) |  |  | (19,853 | )
Add: Accretion of Series A Preferred Shares |  |  | (1,293 | ) |  |  | — |  |  |  | — |
Income allocation to participating preferred shareholders |  |  | — |  |  |  | — |  |  |  | — |
Net loss attributable to ordinary shareholders of the Company for computing basic and diluted net loss per share |  |  | (64,708 | ) |  |  | (46,041 | ) |  |  | (19,853 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of ordinary shares outstanding used in calculating basic and diluted net loss per share |  |  | 259,852,204 |  |  |  | 285,979,036 |  |  |  | 312,485,140 |
Basic and diluted net loss per ordinary share |  |  | (0.25 | ) |  |  | (0.16 | ) |  |  | (0.06 | )
Diluted earnings per share do not include the following instruments as their inclusion would have been anti-dilutive:
|  | Years ended December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
Restricted Shares |  |  | — |  |  |  | 2,916,100 |  |  |  | 7,970,930 |
Share options awards |  |  | 22,298,757 |  |  |  | 19,225,361 |  |  |  | 18,004,940 |
Total |  |  | 22,298,757 |  |  |  | 22,141,461 |  |  |  | 25,975,870 |

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